Optical character recognition pre-verification system

US10062060B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Mark D. Felse · Lexington, US
• Richard A. Banks, Jr. · Newark, US
• James Kevin Benton · Matthews, US
• Theresa Brennan · Westtown, US
• Sarah Catherine Christine · Smyrna, US
• Dewayne A. Furr · Burleson, US
• Melody Gentile · Newark, US
• Michele N. Hanshew · Smyrna, US
• Kerry Kurt Simpkins · Fort Mill, US
• John B. Hall · Charlotte, US

Key dates

• Filing date: Aug 25, 2015
• Grant date: Aug 28, 2018
• Expiry date: Sep 30, 2036

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/03
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system for optical character recognition pre-verification is provided. The system may review payment documents. The payment documents may include remit stubs and paper checks. The system, utilizing optical character recognition software, may determine dollar amounts on the remit stubs and the paper checks. The optical character recognition software may determine a confidence level of whether the determined amount is the same amount that the writer of the check. If the confidence level is above first predetermined threshold level of confidence and below a second predetermined threshold level of confidence, the system may present an operator with a pre-verification GUI. The pre-verification GUI may include a view of the remit stub, a view of the check, the dollar amount due, a match button and a do not match button. Upon selection of either the match or do not match button, the payment may be processed in another check-processing system.